AV Concept Holdings Limited reported the repurchase of 1.28 million ordinary shares on 28 August 2026 via on-market transactions on the Hong Kong Stock Exchange. The buyback represents 0.15% of the company’s outstanding share capital before the transaction and was executed at prices ranging from HKD 1.34 to HKD 1.39 per share, with a volume-weighted average cost of HKD 1.36. Total cash outlay amounted to HKD 1.75 million.
Following the transaction, the number of issued shares (excluding treasury shares) decreased to 858.50 million, while treasury shares increased to 16.50 million. The aggregate share count remained unchanged at 875.00 million.
The buyback forms part of the repurchase mandate approved on 5 September 2025, which authorises the company to acquire up to 90.87 million shares. Cumulative repurchases under this mandate now total 50.16 million shares, equal to 5.52% of the company’s issued share capital on the mandate date. A 30-day moratorium on new share issues, sales, or transfers of treasury shares is in effect until 27 September 2026, in accordance with Hong Kong listing regulations.